Retail TouchPoints

FEBRUARY 21, 2023

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. There have been retailers opening more stores than those closing after the pandemic. 5G provides an alternate method to keep the store connected at all times.

Sporting Goods 254

Sporting Goods Payment Services Shrinkage Point of Sale 254

Independent Retailer

JULY 29, 2022

The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS). Implementing RFID technology at the POS enables an automated checkout since brands are able to accurately identify each item in the checkout process, transforming it into a faster, more accurate, and smoother transaction.

Customer Experience 77

Customer Experience Shrinkage Checkout Inventory Management 77

Retail TouchPoints

JUNE 15, 2022

The chatter of the store “being dead” is evolving from belief that the physical store is fading amid the shift to digital, to seeing that it’s the role of the store that is changing — and a vital one at that. Roaming checkout enables employees to take payments from shoppers from anywhere inside the store.

Payment Services 263

Payment Services Checkout Shrinkage Fast Fashion 263

Retail TouchPoints

NOVEMBER 7, 2023

The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC. Before joining the company in 2004, she was the Senior Director of Data Sciences at Washington Mutual and a pricing analyst for Circuit City.

Loss Prevention 281

Loss Prevention Shrinkage Returns Payment Services 281

I Vend

DECEMBER 10, 2023

Read more Retail operations are built on a number of interlocking processes, each of which feeds into, or from the others. Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

Retail TouchPoints

AUGUST 4, 2023

Having more kiosks for customers to check in at also allows staff to be more flexible. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations. The inventory management features also help operators track any theft.

Payment Services 241

Payment Services Kiosk Marketing Shrinkage 241

I Vend

FEBRUARY 6, 2023

At the same time, we’re seeing increasing stock outs, with 80% * of shoppers saying they saw a decline in stock levels in 2022. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Efficient use of store and warehouse resources –stock must be stored, moved and counted.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98